<div id="readability-page-1"><p>BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in  Enbridge Inc (NYSE:ENB - Free Report) <span>TSE: ENB<span></span></span> by 21.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor  owned 2,324,038 shares of the pipeline company's stock after acquiring an additional 413,408 shares during the period. Enbridge makes up  approximately  0.6% of BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp's portfolio, making the stock its 29th biggest position. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp owned approximately 0.11% of Enbridge worth $105,453,000 at the end of the most recent quarter.</p><ul><li>4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap</li></ul><p>Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in  Enbridge by 3.5% in the second quarter. Vanguard Group Inc. now owns 96,404,986 shares of the pipeline company's stock valued at $4,371,580,000 after purchasing an additional 3,217,961 shares in the last quarter.  TD Asset Management Inc raised its position in  Enbridge by 1.6% in the 2nd quarter. TD Asset Management Inc now owns 39,883,394 shares of the pipeline company's stock valued at $1,804,913,000 after buying an additional 617,577 shares during the last quarter.  Norges Bank purchased a new position in  Enbridge during the second quarter worth about $1,113,368,000.  Legal &amp; General Group Plc grew its holdings in shares of  Enbridge by 1.1% in the second quarter. Legal &amp; General Group Plc now owns 18,861,475 shares of the pipeline company's stock valued at $853,669,000 after acquiring an additional 207,243 shares in the last quarter.  Finally, Geode Capital Management LLC lifted its holdings in  Enbridge by 20.2% during the second quarter. Geode Capital Management LLC now owns 17,785,430 shares of the pipeline company's stock worth $818,620,000 after acquiring an additional 2,989,992 shares during the period. Institutional investors own  54.60% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of research analysts have issued reports on ENB shares. Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of Enbridge in a research note on Monday. Cibc World Mkts cut shares of Enbridge from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, October 9th. National Bankshares  reissued a &#34;sector perform&#34; rating on shares of Enbridge in a report on Monday, November 10th. CIBC cut Enbridge from an &#34;outperform&#34; rating to a &#34;neutral&#34; rating in a research report on Thursday, October 9th. Finally, BMO Capital Markets  reiterated a &#34;market perform&#34; rating on shares of Enbridge in a research report on Monday, November 10th. Six analysts have rated the stock with a Buy rating, five have assigned  a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of &#34;Hold&#34; and an average price target of $63.00.</p><ul><li>Is Energy Transfer Undervalued or a Value Trap?</li></ul><p><b>View Our Latest Research Report on ENB</b></p><h2>Enbridge Trading Up 0.3%</h2><p>NYSE ENB opened at $47.55 on Friday. The firm has a market cap of $103.71 billion, a PE ratio of 26.12 and a beta of 0.68. Enbridge Inc has a 1-year low of $39.73 and a 1-year high of $50.54. The stock has a 50-day moving average of $47.74 and a 200-day moving average of $47.13. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 1.64. </p><ul><li>3 Top-Performing Non-Leveraged ETFs From 2024 and Into 2025</li></ul><p>Enbridge (NYSE:ENB - Get Free Report) <span>TSE: ENB<span></span></span> last announced its quarterly earnings results on Friday, November 7th. The pipeline company reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.06). The company had revenue of $7 billion during the quarter, compared to analysts' expectations of $8.45 billion. Enbridge had a return on equity of 10.51% and a net margin of 9.20%.During the same period last year, the firm earned $0.55 earnings per share.  As a group, sell-side analysts forecast that  Enbridge Inc will post 2.14 EPS for the current year. </p><h2>Enbridge Increases Dividend</h2><p>The company also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Tuesday, February 17th. This is an increase from Enbridge's previous quarterly dividend of $0.94. Enbridge's dividend payout ratio  is currently 147.80%. </p><h2>Enbridge Company Profile</h2> (Free Report)<p>Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Enbridge</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>How to Capture the Benefits of Dividend Increases</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Insider Buying Explained: What Investors Need to Know</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><strong>Want to see what other hedge funds are holding ENB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enbridge Inc (NYSE:ENB - Free Report) <span>TSE: ENB<span></span></span>.</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVOQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVOQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Enbridge Right Now?</h2><p>Before you consider Enbridge, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enbridge wasn't on the list.</p><p>While Enbridge currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its holdings in Enbridge Inc (NYSE:ENB - Free Report) (TSE:ENB) by 21.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission.</p>

BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Purchases 413,408 Shares of Enbridge Inc $ENB